Last Revised: 12/9/19. Posting #: 10249095
Key Words: machine, machine shop, manufacture, manufacturer, metal manufacturer, metal manufacturing, chuck jaws, pie jaws, jaws, distribution, distributor, new haven
Financial Info: Asking Price: All offers considered (Range of Estimated Value: $150,000 to $169,000). Annual Sales: 194,500. Net Income: $67,500. There is excellent potential for a new owner to grow line and increase sales. Equipment is not included in the price, but can be purchased if required.
Profile: Richman Business Brokerage has been retained by an exceptional owner-operated machine shop for the sale of its product line. The product line consists of an of full-grip and chuck jaws sold to direct customers and through local and national distributors. The business and its products have an excellent reputation and great reviews online, including a 5-star rating on Google. The jaws are well-known for their superior quality and packaged ready to use. There is excellent potential for a new owner to grow line and increase sales. The current owner founded the business in 1996 and is moving out of state. This is an ideal opportunity for a machine shop looking to expand its product line.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Deal Team was founded with a mission to provide breakthrough professional business brokerage services to small and mid-size businesses. Our professional and practical approach to business sales brings a level of service to middle-market businesses that is regularly experienced by larger companies.
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Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
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Profile: Kyle Griffith is a Managing Partner of the NYBB Group. He represents business owners seeking to sell or grow their business via acquisitions. Kyle is a Certified Business Intermediary focusing on the HVAC & Plumbing, Trucking & Delivery and Distribution industries.
Key Words: kyle griffith, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, delivery, medical, medical equipment, home health, bar, restaurant, hvac, refrigeration, dry cleaners, audio equipment, equipment, distribution, moving, delivery, massage envy, massage, allstate, insurance, plumbing, wine, new york city, kings, brooklyn, bergen, nassau, queens, hudson valley, manhattan, new york
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Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Profile: Business sellers and brokers & intermediaries utilize disclaimers on postings to help protect themselves from potential liability during and after the sale of a business. Our Facilitators are asked frequently, "What is a good example of disclaimer text to utilize in a Posting?" We share examples.
Key Words: disclaimer, disclaimers
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Key Words: jordan green, intangible assets, equipment, value, business brokers, business owners, sellers, improvements, sales multiple, net income, business for sale, preparing a business for sale, valuation
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